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SpaceX Falcon Heavy rocket to launch NASA’s Roman Space Telescope
NASA has chosen SpaceX’s Falcon Heavy rocket to launch its next major space telescope, a wide-field observatory that should directly complement the brand new James Webb Space Telescope.
Originally known as the Wide Field InfraRed Survey Telescope (WFIRST), NASA recently renamed the mission in honor of Nancy Grace Roman, a foundational force behind the Hubble Space Telescope. Fittingly, the Roman Space Telescope’s basic design is reminiscent of Hubble in many ways, owing to the fact that the mission exists solely because the US National Reconnaissance Office (NRO) chose to donate an unused multi-billion-dollar spy satellite – a satellite that was effectively a secret Earth-facing version of Hubble.
However, thanks to decades of improvements in electronics, electromechanics, and the instrumentation side of spacecraft and space telescopes, RST will be dramatically more capable than the Hubble telescope it resembles. And now, after a several-year fight for survival, the Roman Space Telescope officially has a ride to space – SpaceX’s Falcon Heavy rocket.
Falcon Heavy continues to be a bit of a paradox, winning contract after contract for increasingly high-value flagship launches despite having not launched once in more than three years. It’s a bit of a self-fulfilling prophecy, at this point, as the major missions that are increasingly being entrusted to Falcon Heavy are far more likely to run into significant spacecraft-side delays. At one point in late 2021, for example, SpaceX had five Falcon Heavy launches tentatively planned in 2022 – all but one of which had already been delayed several months to a year or more. Seven months into 2022, not one of those missions has launched and it’s looking increasingly likely that Falcon Heavy will be lucky to fly at all this year.
Nonetheless, the Roman Space Telescope joins an impressive manifest that includes the multi-billion-dollar GOES-U weather satellite, NASA’s ~$5 billion Europa Clipper, two modules (HALO and PPE) of a Moon-orbiting space station, NASA’s Psyche asteroid explorer, a large Astrobotic Griffin lander carrying NASA’s VIPER Moon rover, two large geostationary communications satellites, and three missions for the US military. RST is the rocket’s 11th launch contract between now and the mid-2020s.
Despite having a similar resolving power, RST’s primary wide-field instrument will have a field of view 100 times greater than Hubble, meaning that the new telescope will be able to gather magnitudes more data in a similar time. Its primary goals include measuring “light from a billion galaxies over the course of the mission lifetime” and performing “a microlensing survey of the inner Milky Way to find ~2,600 exoplanets.” A second coronagraph instrument will “perform high-contrast imaging and spectroscopy of dozens of individual nearby exoplanets.” According to the Jet Propulsion Laboratory, “the Coronagraph provides a crucial stepping stone in the preparation of future missions aiming to [directly] image and characterize Earth-like planets [that are] 10 billion times fainter than their host star.”
According to NASA, “the telescope’s science program also includes dedicated investigations to tackle outstanding questions [about the nature and] effects of dark energy and dark matter, as well as a substantial general investigator program to enable further studies of astrophysical phenomena to advance other science goals.”
Because RST is also focused on infrared wavelengths of light, it could be an excellent companion to the James Webb Space Telescope (JWST). Whereas RST is a wide-field survey observatory that aims to observe and catalog billions of galaxies, stars, and planets, JWST’s far larger mirror is optimized for up-close observation of individual targets or deep gazes into tiny swaths of sky. RST could ultimately work a bit like an MRI or CAT scan to JWST’s biopsy, telling the surgeon where to look but only hinting at what it might find.
According to NASA, the ~$4.3 billion space telescope’s Falcon Heavy launch contract will cost an exceptionally steep $255 million to send the spacecraft to the Sun-Earth L2 Lagrange point about 800,000 kilometers (~500,000 mi) from Earth. NASA’s contract to launch the even more expensive Europa Clipper spacecraft all the way to Jupiter with a fully-expendable Falcon Heavy rocket is expected to cost less than $180 million.
NASA’s press release also claims that RST will be ready to launch as early as October 2026. A different press release from September 2021 did not mention the 2026 target and only noted that RST’s launch is scheduled no later than May 2027.
Elon Musk
Tesla CEO Elon Musk drops massive bomb about Cybercab
“And there is so much to this car that is not obvious on the surface,” Musk said.
Tesla CEO Elon Musk dropped a massive bomb about the Cybercab, which is the company’s fully autonomous ride-hailing vehicle that will enter production later this year.
The Cybercab was unveiled back in October 2024 at the company’s “We, Robot” event in Los Angeles, and is among the major catalysts for the company’s growth in the coming years. It is expected to push Tesla into a major growth phase, especially as the automaker is transitioning into more of an AI and Robotics company than anything else.
The Cybercab will enable completely autonomous ride-hailing for Tesla, and although its other vehicles will also be capable of this technology, the Cybercab is slightly different. It will have no steering wheel or pedals, and will allow two occupants to travel from Point A to Point B with zero responsibilities within the car.
Tesla shares epic 2025 recap video, confirms start of Cybercab production
Details on the Cybercab are pretty face value at this point: we know Tesla is enabling 1-2 passengers to ride in it at a time, and this strategy was based on statistics that show most ride-hailing trips have no more than two occupants. It will also have in-vehicle entertainment options accessible from the center touchscreen.
It will also have wireless charging capabilities, which were displayed at “We, Robot,” and there could be more features that will be highly beneficial to riders, offering a full-fledged autonomous experience.
Musk dropped a big hint that there is much more to the Cybercab than what we know, as a post on X said that “there is so much to this car that is not obvious on the surface.”
And there is so much to this car that is not obvious on the surface
— Elon Musk (@elonmusk) January 2, 2026
As the Cybercab is expected to enter production later this year, Tesla is surely going to include a handful of things they have not yet revealed to the public.
Musk seems to be indicating that some of the features will make it even more groundbreaking, and the idea is to enable a truly autonomous experience from start to finish for riders. Everything from climate control to emergency systems, and more, should be included with the car.
It seems more likely than not that Tesla will make the Cybercab its smartest vehicle so far, as if its current lineup is not already extremely intelligent, user-friendly, and intuitive.
Investor's Corner
Tesla Q4 delivery numbers are better than they initially look: analyst
The Deepwater Asset Management Managing Partner shared his thoughts in a post on his website.
Longtime Tesla analyst and Deepwater Asset Management Managing Partner Gene Munster has shared his insights on Tesla’s Q4 2025 deliveries. As per the analyst, Tesla’s numbers are actually better than they first appear.
Munster shared his thoughts in a post on his website.
Normalized December Deliveries
Munster noted that Tesla delivered 418k vehicles in the fourth quarter of 2025, slightly below Street expectations of 420k but above the whisper number of 415k. Tesla’s reported 16% year-over-year decline, compared to +7% in September, is largely distorted by the timing of the tax credit expiration, which pulled forward demand.
“Taking a step back, we believe September deliveries pulled forward approximately 55k units that would have otherwise occurred in December or March. For simplicity, we assume the entire pull-forward impacted the December quarter. Under this assumption, September growth would have been down ~5% absent the 55k pull-forward, a Deepwater estimate tied to the credit’s expiration.
“For December deliveries to have declined ~5% year over year would imply total deliveries of roughly 470k. Subtracting the 55k units pulled into September results in an implied December delivery figure of approximately 415k. The reported 418k suggests that, when normalizing for the tax credit timing, quarter-over-quarter growth has been consistently down ~5%. Importantly, this ~5% decline represents an improvement from the ~13% declines seen in both the March and June 2025 quarters.“
Tesla’s United States market share
Munster also estimated that Q4 as a whole might very well show a notable improvement in Tesla’s market share in the United States.
“Over the past couple of years, based on data from Cox Automotive, Tesla has been losing U.S. EV market share, declining to just under 50%. Based on data for October and November, Cox estimates that total U.S. EV sales were down approximately 35%, compared to Tesla’s just reported down 16% for the full quarter. For the first two months of the quarter, Cox reported Tesla market share of roughly a 65% share, up from under 50% in the September quarter.
“While this data excludes December, the quarter as a whole is likely to show a material improvement in Tesla’s U.S. EV market share.“
Elon Musk
Tesla analyst breaks down delivery report: ‘A step in the right direction’
“This will be viewed as better than feared deliveries and a step in the right direction for the Tesla story heading into 2026,” Ives wrote.
Tesla analyst Dan Ives of Wedbush released a new note on Friday morning just after the company released production and delivery figures for Q4 and the full year of 2025, stating that the numbers, while slightly underwhelming, are “better than feared” and as “a step in the right direction.”
Tesla reported production of 434,358 and deliveries of 418,227 for the fourth quarter, while 1,654,667 vehicles were produced and 1,636,129 cars were delivered for the full year.
Tesla releases Q4 and FY 2025 vehicle delivery and production report
Interestingly, the company posted its own consensus figures that were compiled from various firms on its website a few days ago, where expectations were set at 1,640,752 cars for the year. Tesla fell about 4,000 units short of that. One of the areas where Tesla excelled was energy deployments, which totaled 46.7 GWh for the year.
🚨 Wedbush’s Dan Ives has released a new note on Tesla $TSLA:
“Tesla announced its FY4Q25 delivery numbers this morning coming in at 418.2k vehicles slightly below the company’s consensus delivery estimate of 422.9k but much better than the whisper numbers of ~410k as the…
— TESLARATI (@Teslarati) January 2, 2026
In terms of vehicle deliveries, Ives writes that Tesla certainly has some things to work through if it wants to return to growth in that aspect, especially with the loss of the $7,500 tax credit in the U.S. and “continuous headwinds” for the company in Europe.
However, Ives also believes that, given the delivery numbers, which were on par with expectations, Tesla is positioned well for a strong 2026, especially with its AI focus, Robotaxi and Cybercab development, and energy:
“This will be viewed as better than feared deliveries and a step in the right direction for the Tesla story heading into 2026. We look forward to hearing more at the company’s 4Q25 call on January 28th. AI Valuation – The Focus Throughout 2026. We believe Tesla could reach a $2 trillion market cap over the coming year and, in a bull case scenario, $3 trillion by the end of 2026…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
It’s no secret that for the past several years, Tesla’s vehicle delivery numbers have been the main focus of investors and analysts have looked at them as an indicator of company health to a certain extent. The problem with that narrative in 2025 and 2026 is that Tesla is now focusing more on the deployment of Full Self-Driving, its Optimus project, AI development, and Cybercab.
While vehicle deliveries still hold importance, it is more crucial to note that Tesla’s overall environment as a business relies on much more than just how many cars are purchased. That metric, to a certain extent, is fading in importance in the grand scheme of things, but it will never totally disappear.
Ives and Wedbush maintained their $600 price target and an ‘Outperform’ rating on the stock.